nzdjpy sell / shortBy utilizing levels, historical patterns, , we can formulate a hypothesis that the market might follow a similar trajectory if bullish sentiment prevails.
NZD (New Zealand Dollar)
Potential bearish drop?The Kiwi (NZD/USD) is reacting off the pivot and could drop to the 28.2% Fibonacci support.
Pivot: 0.5759
1st Support: 0.5651
1st Resistance: 0.5831
CAD/JPY is falling towards the pivot which is a pullback support and could bounce to the pullback resistance.
Pivot: 102.61
1st Support: 101.62
1st Resistance: 103.68
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce off pullback support?EUR/NZD has bounced off the pivot which has been identified as a pullback support that lines up with the 38.2% Fibonacci retracement and could rise to the 1st resistance.
Pivot: 1.94887
1st Support: 1.82716
1st Resistance: 1.97446
CAD/JPY is falling towards the pivot which is a pullback support and could bounce to the pullback resistance.
Pivot: 102.61
1st Support: 101.62
1st Resistance: 103.68
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bullish nounce?NZD/JPY has bounced off the pivot and could rise to the 1st resistance.
Pivot: 82.77
1st Support: 81.64
1st Resistance: 84.43
1st Resistance: 1.1089
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish bounce?NZD/CHF is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 0.47071
1st Support: 0.46347
1st Resistance: 0.47992
1st Resistance: 1.1089
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
GBP/NZD BEARS ARE GAINING STRENGTH|SHORT
GBP/NZD SIGNAL
Trade Direction: short
Entry Level: 2.308
Target Level: 2.275
Stop Loss: 2.330
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 6h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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EUR/USD Nears Key Resistance – Will the Uptrend Continue?📊 EUR/USD Daily Technical Outlook – April 10, 2025
EUR/USD is currently trading around 1.0964, following a strong upward move from 1.0800 to 1.1000. This rally has been driven by strong momentum and a clear break of structural resistance levels. However, the pair is now approaching a critical resistance zone between 1.1150 and 1.1200, which could lead to a potential pullback or reversal.
📈 Current Market Structure:
The pair has seen a solid rise from 1.0800, breaking through multiple resistance levels along the way. However, as it approaches the strong resistance area between 1.1150 and 1.1200, there may be some profit-taking or correction. The key question is whether the bulls can push through this resistance to continue the uptrend.
🔹 Key Resistance Levels:
1.1150 – 1.1200: This is the critical resistance zone. If price fails to break above this, we could see a pullback or consolidation.
1.1215: A further key resistance. If price reaches this level and struggles to move higher, it may signal a potential reversal.
🔸 Key Support Levels:
1.0960: Immediate support level. A pullback toward this area could offer another opportunity for buying if the bulls continue to dominate.
1.0800: Major support. A failure to hold this level could lead to further downside and shift the market sentiment to bearish.
📐 Price Action Patterns:
As the price approaches the strong resistance zone, we might see profit-taking or corrective moves. It's crucial to monitor how price reacts at these levels to determine the next potential move. A break above 1.1200 could signal continued bullish momentum, while failure could lead to a retracement.
🧭 Potential Scenarios:
✅ Bullish Scenario:
If EUR/USD manages to break through the 1.1150 – 1.1200 resistance zone, it could continue its uptrend toward higher levels. A close above 1.1200 would strengthen the bullish outlook.
❌ Bearish Scenario:
If price fails to break through resistance and pulls back below 1.0960, a deeper correction toward 1.0800 could be on the cards. A break below 1.0800 would suggest a more bearish outlook.
📌 Conclusion:
EUR/USD is at a critical resistance point. Watching how the pair reacts near 1.1150 – 1.1200 will be key in determining if the bullish trend can continue or if a correction is likely. These levels will act as the defining points for the next move.
💬 What’s your outlook for EUR/USD? Will the pair break above 1.1200, or is a bearish reversal imminent? Share your thoughts below 👇
Bearish reversal?AUD/NZD is rising towards the pivot and could reverse to the 1st support.
Pivot: 1.09400
1st Support: 1.08854
1st Resistance: 1.10183
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Bullish rise?MZD/JPY is falling towards the pivot and could bounce to the 1st resistance.
Pivot: 82.77
1st Support: 81.64
1st Resistance: 84.63
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Potential bullish bounce?NZD/USD is falling towards the support level which is a pullback support and could bounce from this level to our take profit.
Entry: 0.5613
Why we like it:
There is a pullback support level.
Stop loss: 0.5551
Why we like it:
There is a pullback support level that lines up with the 61.8% Fibonacci retracement.
Take profit: 0.5707
Why we like it:
There is a pullback resistance level that is slightly below the 161.8% Fibonacci retracement.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPNZD I Potential long from channel support Welcome back! Let me know your thoughts in the comments!
** GBPNZD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
GBP/USD Is About to Explode – Here’s Why This Level Matters🚨 GBP/USD at a Critical Zone – Breakout or Reversal?
Let’s break down the price action from a technical perspective 👇
📊 Daily Technical Analysis – GBP/USD (April 2025)
The GBP/USD pair is trading near a key inflection point, with price action hinting at a potential breakout — or a deeper correction.
📈 Trend Overview:
The broader trend remains bullish, following a steady rally from the 1.2300 area back in February. The pair has been forming higher highs and higher lows, indicating strong underlying demand.
However, we’re now seeing signs of bullish exhaustion as the price struggles near the 1.2850 – 1.2900 resistance zone — an area that previously acted as a strong supply level.
🧱 Key Resistance Levels:
1.2850 – 1.2900: Major resistance zone; a daily close above this level would likely accelerate bullish momentum.
1.3000: Psychological round number and the next natural target.
1.3140: Historical swing high from mid-2023, could serve as the next upside objective.
🛡️ Key Support Levels:
1.2680: Previous higher low and potential first line of defense.
1.2520: Strong structural support — a break below this zone may shift the medium-term outlook to neutral or even bearish.
1.2300: February’s key low and the base of the current trend.
📐 Technical Structures:
Price appears to be forming an ascending triangle — a classic bullish continuation pattern — with flat resistance at 1.2850 and rising higher lows from below. This supports the idea of an impending breakout if bulls regain control.
Additionally, the pair is moving within a rising price channel, offering clean structure for both trend-following and breakout traders.
🧭 Potential Scenarios:
✅ Bullish Breakout:
A confirmed close above 1.2900 would likely open the door toward 1.3000, followed by 1.3140. This scenario aligns with the current market structure, assuming continued weakness in the USD or sustained risk appetite.
❌ Bearish Rejection:
Failure to break the resistance zone, especially with bearish reversal candles, could trigger a drop toward 1.2680, and possibly 1.2520. A daily close below 1.2520 would be a strong technical warning for bulls.
📌 Conclusion:
GBP/USD is sitting at a technically significant level. The prevailing trend favors the bulls, but the outcome at 1.2850–1.2900 will be decisive. Watch price action closely for confirmation — breakout or rejection, the next move could be sharp.
💬 What’s your take on this setup? Do you see a breakout or a reversal ahead? Drop your thoughts in the comments 👇
GBPNZD: Bearish Continuation
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the GBPNZD pair price action which suggests a high likelihood of a coming move down.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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NZDCAD Is Going Up! Buy!
Take a look at our analysis for NZDCAD.
Time Frame: 3h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 0.788.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 0.798 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
NZDUSD - Golden Opportunity Alert This pair has been consistently breaking lows for a while — but things just got interesting. It’s now sitting at a key yearly support level, and we're still firmly within a large bullish range.
📈 Translation? Now is the time to buy.
This setup is looking like a textbook bounce opportunity. Not only is this one of the cheapest dollar pairs available right now, but with the dollar continuing its broader decline, this could be the best pair to capitalize on in the current market.
⚡ Don’t sleep on this move. Timing is everything.
Let me know what you think — and if this breakdown helped you, drop a comment or share it with someone who needs to see it!
NZDCAD What Next? SELL!
My dear subscribers,
This is my opinion on the NZDCAD next move:
The instrument tests an important psychological level 0.7949
Bias - Bearish
Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market.
Target - 0.7903
About Used Indicators:
On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
———————————
WISH YOU ALL LUCK
NZDJPY - Potential bounce to 85.300 from SupportOANDA:NZDJPY has reached a major support level, an area where buyers have previously shown strong interest. This zone has acted as a key zone, increasing the likelihood of a bounce if buyers step in.
A bullish confirmation, such as a strong rejection pattern, bullish engulfing candles, or long lower wicks, would strengthen the case for a move higher. If buyers take control, the price could bounce toward the 85.300 target. However, a decisive breakdown below this support would invalidate the bullish scenario and could lead to further downside.
This isn’t financial advice, just my take on how I approach support and resistance zones. Best to wait for clear confirmation, like a strong rejection or a volume spike, before making a move.
Every trader has a unique perspective. Let’s discuss this setup within the TradingView community!
Bearish continuation?NZD/USD is rising towards the resistance level which is a pullback resistance and could drop from this level to our take profit.
Entry: 0.5587
Why we like it:
There is a pullback resistance level.
Stop loss: 0.5623
Why we like it:
There is a pullback resistance level.
Take profit: 0.5510
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
NZDUSD to see a temporary move higher?NZDUSD - 24h expiry
There is no indication that the selloff is coming to an end.
A higher correction is expected.
Risk/Reward would be poor to call a sell from current levels.
A move through 0.5600 will confirm the bearish momentum.
The measured move target is 0.5525.
We look to Sell at 0.5650 (stop at 0.5700)
Our profit targets will be 0.5550 and 0.5525
Resistance: 0.5625 / 0.5650 / 0.5675
Support: 0.5600 / 0.5550 / 0.5525
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy.
Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
NZDJPY The Target Is UP! BUY!
My dear followers,
I analysed this chart on NZDJPY and concluded the following:
The market is trading on 82.050 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 83.982
Safe Stop Loss - 81.284
About Used Indicators:
A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
RBNZ rate decision coming upWe are keeping a close eye on the RBNZ interest rate decision and if it will stick to its 25bps cut, or not. Let's dig in.
FX_IDC:NZDUSD
MARKETSCOM:NZDUSD
Let us know what you think in the comments below.
Thank you.
77.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Past performance is not necessarily indicative of future results. The value of investments may fall as well as rise and the investor may not get back the amount initially invested. This content is not intended for nor applicable to residents of the UK. Cryptocurrency CFDs and spread bets are restricted in the UK for all retail clients.
GBPNZD - TECHNICALS & FUNDAMENTALS📊 Technical Analysis – GBPNZD
🔻 Market Context:
Current Price: ~2.2838
The pair has been in a downtrend, forming lower highs and lower lows.
Price recently revisited a previous support zone, indicated by the horizontal line and purple box, showing potential for either a reversal or a continuation.
🔍 Key Zones:
Support Zone: Around 2.2830 – 2.2800
Price is testing this area and has shown a few wicks indicating buyers are present.
Demand Reaction Needed: A bullish candle formation is crucial at this level to signal potential upside.
🔼 Bullish Scenario (Reversal Play):
If a strong bullish candle forms around current levels, it could lead to a push higher toward 2.3000 and potentially 2.3100.
Watch for a break of short-term lower highs with volume confirmation.
🔽 Bearish Scenario (Breakdown Play):
Failure to hold above the current support level (2.2830–2.2800) may result in a deeper drop, targeting the 2.2700–2.2650 area.
The Bear Bias zone (marked on the chart) suggests sellers are active and may continue to push lower if structure breaks.
🧠 Fundamental Probabilities – April 8, 2025
🇬🇧 UK Outlook (GBP):
No major economic data is scheduled today for the UK, but markets remain cautious due to:
Ongoing uncertainty around the BoE’s interest rate stance.
Sticky inflation and mixed signals from recent PMI data.
Pound strength has been mostly reactive to broader risk sentiment and interest rate expectations.
🇳🇿 NZ Outlook (NZD):
Key driver today: NZ Business Confidence & Dairy Auction
If business sentiment remains weak and dairy prices disappoint, NZD could come under pressure.
RBNZ's dovish bias is also lingering in the background; the central bank is expected to maintain or potentially cut rates if economic softness continues.
✅ Summary:
Bias Condition Target
🔼 Bullish Bullish candle at support 2.3000 / 2.3100
🔽 Bearish Break below 2.2800 2.2700 / 2.2650
